Ugandan shilling broadly stable, could weaken on importer demand

KAMPALA: The Ugandan shilling was broadly stable, though with a bias toward the weaker side, on the back of a pick-up in demand from both players in the interbank market and importers of fuel, raw materials and other goods.

At 0900 GMT commercial banks quoted the shilling at 3,715/3,725, weaker than Tuesday's close of 3,713/3,723.